Energy Fuels (TSE:EFR) Shares Pass Below 50 Day Moving Average of $8.31

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$8.31 and traded as low as C$8.27. Energy Fuels shares last traded at C$8.35, with a volume of 360,789 shares changing hands.

Wall Street Analyst Weigh In

Separately, Roth Capital downgraded shares of Energy Fuels from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 5th.

Energy Fuels Price Performance

The company has a market capitalization of C$1.37 billion, a PE ratio of -75.91 and a beta of 1.58. The company has a debt-to-equity ratio of 0.33, a quick ratio of 19.23 and a current ratio of 41.27. The company’s 50-day simple moving average is C$8.31 and its 200-day simple moving average is C$8.93.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last released its earnings results on Friday, May 3rd. The company reported C$0.03 EPS for the quarter, hitting the consensus estimate of C$0.03. Energy Fuels had a negative net margin of 24.61% and a negative return on equity of 2.91%. The company had revenue of C$34.28 million during the quarter, compared to analysts’ expectations of C$35.95 million. As a group, sell-side analysts anticipate that Energy Fuels Inc. will post 0.19 earnings per share for the current year.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.